405 Cordoba Ln Taos, NM 87571
- Commercial real estate
- 7,529 SF
- 1.21 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 405 Cordoba Ln
- Year built
- 1920
- Lot size
- 1.21 lot acres
- Property size
- 7,529 SF
- Property type
- Commercial real estate
Description
Palacio de Marquesa, a renowned 8-bedroom bed and breakfast in Taos, New Mexico, presents a unique investment opportunity. This stunning property boasts 7,529 square feet of meticulously maintained space, currently operating as a successful inn with manager's quarters. Situated on two parcels totaling 1.21 acres, the main B&B occupies just over half an acre, leaving a significant additional parcel offering exceptional potential for future development. Imagine building two additional homes just minutes from Taos' vibrant downtown core. Originally conceived as a family compound, Palacio de Marquesa retains its charm and functionality, making it ideal for continued operation as a high-end inn, a corporate retreat, or a large family estate. The property has garnered national acclaim for its exceptional quality and service, establishing itself as a premier destination in Taos. The inn's design and story celebrate the remarkable women of Taos, reflecting their contributions to the city's rich cultural heritage. This is a rare chance to acquire a turnkey business with significant expansion possibilities in a highly desirable location. The asking price is $2,600,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Taos
- County
- Taos
- State
- New Mexico
- Longitude
- -105.573
- Latitude
- 36.4001
